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Mapletree Trades East Coast Portfolio to EQT for $575M
Mapletree Investments has sold a 4,434,464-square-foot industrial portfolio to EQT Real Estate for $575 million. This transaction marks Mapletree’s fourth U.S. warehouse portfolio divestment, following $691.1 million in total logistics asset sales completed in 2025.
“We’re proud to kickstart 2026 with an outstanding outcome for our investors,” said Richard Prokup, CEO, U.S., Mapletree. “This divestment reflects the successful execution of our closed-end fund strategy and illustrates the strength of our U.S. industrial platform. Looking ahead, we remain confident in the logistics sector’s long-term fundamentals as we advance new development opportunities nationwide to grow our pipeline.”
The East Coast logistics portfolio comprises 25 warehouse assets, including properties in Jacksonville, Nashville, Richmond, Atlanta, New York City, New Jersey, Pennsylvania and South Florida. The assets are located in dense, infill submarkets along major corridors such as I-95, I-81 and I-10.
“This investment reflects our high-conviction, thematic approach to investing in infill logistics across the U.S., where we see strong long-term demand for well-located industrial assets,” said Matthew Brodnik, CIO at EQT Real Estate.
John Huguenard, Trent Agnew and Will McCormack of JLL represented Mapletree.
Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.
- ◦Sale/Acquisition
